...based on chart, institutional buying, analysts targets and insider buying.
Smith Theodore B. III Dir P - Purchase $19.87 +499 +$9,915
Smith Theodore B. III Dir P - Purchase $19.79 +1,001 +$19,810
Smith Theodore B. III Dir P - Purchase $19.56 +3,000 +$58,680
Smith Theodore B. III Dir A - Grant $24.22 +4,127 +$99,940
Smith Theodore B. III Dir P - Purchase $18.35 + 1500
Could get a short squeeze if institutions keep adding. Hope to go long on this again but I'm back to using a lot of stops in this overall market.
There needs to be a clear pathway to growing operating profits. Right now the plan is to plow anything they make into Xcede.
On agenda: 3/10/2016
Presentation, possible action, and discussion regarding a contract (Contract No. 15-157-2) with Iteris Inc. to purchase services, equipment, and maintenance of hardware and software associated with the second year (FY16) of the implementation plan. The total cost of this contract is not to exceed $811,413.
No PR from ARI on this:
Salt Lake City, UT, United States, 2016/03/07
CDK Recreation will integrate AccessorySmart, ARI’s powersports aftermarket parts and accessories product discovery software, into Lightspeed and offer the service to its network of thousands of U.S.-based powersports dealers. All qualifying CDK Recreation dealers using Lightspeed will automatically have the AccessorySmart integration available for complimentary limited time use.
while reports show that volumes fell 12 percent from 2012, in 2013, the U.K.’s banked community wrote over 1.3 million cheques every working day**
**Updated: October 09, 2014
Remote Deposit Capture Making Inroads in the UK Market
for last years aris chart is up and mams is down. DCI and Tasco revs should hit fully this Q.For a long and short term exit and entry strategy check recent youtube vid from traders journal. searchb youtube not google.
Reason for sell off may be Lake Street Capital revised eps downward.
earnings per share of ($0.13) for the quarter, down from their prior forecast of ($0.08). The consensus estimate for AxoGen’s Q1 2016 earnings is ($0.13) per share. Lake Street Capital also issued estimates for AxoGen’s Q2 2016 earnings at ($0.10) EPS, Q3 2016 earnings at ($0.08) EPS, Q4 2016 earnings at ($0.10) EPS and FY2016 earnings at ($0.41) EPS.
I'm O.K. with this. Expectations always have to come in line with how the company is executing. Bottom line is they are growing fast with a nascent product that is gaining really good traction. Guidance is good on top line so that is why they are spending. I could use more AXGN when the dust settles.
New investor presentation available now.
Significant growth; 42% Revenue CAGR and 71% Adjusted EBITDA CAGR from 2011-2015
• Proven ability to identify, close and integrate accretive acquisitions
• Large, diversified, blue-chip customer base
Monthly recurring revenue model (90%+ of total revenue), with expanding gross margins
• Low capital expenditures (
Maybe THIS, not BASF was the unspecified partner:
February 16, 2016 8:30 AM
SANTA ANA, Calif.--(BUSINESS WIRE)--
Iteris, Inc. (ITI), a leader in providing information solutions to the transportation and agriculture markets, has entered into an agreement with Bayer to provide timely, high-resolution atmospheric and land surface information through ClearAg® application programming interfaces (APIs).
Powered by ClearAg Weather and Soil APIs, Bayer’s agricultural division -- Crop Science -- will deliver useful insights for how agronomy, product performance benefits, and farm management practices can improve crop efficiency and farm business results. The insights gained from using ClearAg APIs in conjunction with field data collection and expert crop knowledge will support Bayer’s delivery of their global digital farming tools.
If you noticed a run up in the stock coincided with this Bayer announcement. So if BASF /Maglis gets added to the mix it could be good for the stock. BASF has posted a picture of the impressive overflow crowd at it's booth at the Commodity Classic convention.
Time will tell.
Technically BASF should not be a "new" customer if they extended the ClearAg to Maglis. Yet in the last CC they said," We expect this new crop protection customer to launch its digital agricultural platform in waves before eventually bringing all of its worldwide geographic territories on line."
They also referred to this customer as "one of the world's largest crop protection companies. " So BASF fits that description but-- technically,at least-- they cannot be described as "new". So we are left to wonder about Maglis perhaps until we get some clarification in the next CC.
I noticed one of the Maglis youtube videos got over 400 views in only 2 - 3 days. There was even an interview of a new customer of Maglis. Yet it's just debuted. Then at the same convention ITI is debuting ClearAg mobile. This is a good start. There should be a lot of foot traffic going back and forth between BASF and ClearAg. I never saw so many posts on Facebook by ITI/ ClearAg on any one convention.
Maglis will be released in stages as part of BASF's "Grow Smart" initiative which seems to be part of a general response to Monsanto's big investment in Climate Corp and Monsanto's embracing of all things digital for farming. If ClearAg is not in any of these Maglis release stages I'd be very surprised.
Clear Ag has been successfully head hunting sales people/ managers from Climate Corp. That's an interesting fact.
BASF was a customer of Meridian before ITI bought Meridian. The founder of Meridan was some sort of extreme wizard/ genius. ITI has the hail offering with BASF so ITI would be the "go to' for weather and crop optimization. That's their wheelhouse now.
Nice to see the pot stirred by BASF/ Maglis debut. It adds to the general excitement.
Tried to re-post but it was deleted. It was a post of mine over a year ago 2-6-2015.
We intend to pursue additional opportunities with BASF and our intent is to become a strategic partner, which should allow us to transition our agreements into a global enterprise wide licensing model.
At these levels of service enterprise account revenue for these strategic account in the plant protection and plant nutrient industries are expected to be in the range $1 million to $5 million per account.
Through these numerous partnership opportunities and our turnkey ClearAG product and services we believe there’s an immediate opportunity for iPerform to grow through subscription based revenues.
We expect these opportunities to continue t expand as we rollout new product offerings and API, such as ClearPath mobile app, this new ClearAg application is currently in private beta testing and is excepted to be release to outside customers including leading crop protection manufacturers, Ag retailers and to system integrators later in this quarter.
And we aren’t the only bullish on this opportunity. According to Ag Wire the precision Ag marketplace is expected to increase nearly 150% from today to $3.7 billion by 2018.
we are very optimistic about the growth opportunity presented in precision agriculture marketplace. We plan to capitalize on our new customer relationships in 2015 and remain committed to continue growing our profitable core business segments and maintain our strategy of self-funding a strategic investments and deployment of iPerform.
Q when you look down your list of prospects, how many do you think there are – that has a potential to be attracted to this type of big data capability for Ag analytics.
Several dozens and we are pursuing many more. Our goal really is within the next few years to have over $40, $50 million worth of software sales
BASF recently announced the launch of Maglis and by it's description I thought that it had to be be ClearAg "white labeled".
Google this:"BASF launches Maglis, a new online platform to
help farmers improve crop management"
I just spent a couple of hours looking into this and it's not simple at all to connect this to ITI. There is a youtube video, "Maglis crop plan" and I suspect that ClearAg api might have a connection there.
ClearAg is being used in house by BASF by their sales people and advisers but it's limited to that and to hail damage. This was supposed to be the foot in the door for ClearAg and they were supposed to expand on offerings and become a strategic partner with BASF in the digital platform offerings.
Maglis is being demonstrated at the BASF booth at Commodity Classic agricultural convention and trade show, in New Orleans 3-3 to 3-5-2016. Iteris has a ClearAg booth there too. Clearag Facebook has a lot pf pics up today on this convention. 10,000 are expected to attend and the Secretary of Ag, Vilsac will keynote.
If ClearAg is a component of Maglis it's possible that there would be no announcement and it would be white labeled. Maglis is very likely an avenue for ClearAg--as the "Crop Plan" portion gets rolled out in the future. But Maglis may be being offered right now without any ClearAg api or component.
So I'll just sit tight for now.This convention and Maglis is a good sign of things to come, I think. ClearAg is becoming a real player. I don't think IR would be able to comment on this. Even if they announce a new BASF deal by no means does this mean any immediate boost in revs. Nevertheless it could pop the stock a bit higher.
Meanwhile the chart keeps holding highs in an ascending triangle. Should break up or down any day now. I'd also put the chance of a contract for next gen 511 for FL at about 40-50%.
I appreciate your input, biotchisfun.
Over the weekend I will do a little more research on ITI and attempt to confirm something quite interesting I just found, which may be the reason the stock is holding here at 7 year highs and acting as if it could be about to break out to even more nosebleed levels.
Monday morning I may remove the stop loss on my trade and increase it a bit more and then post my reasons why I should take these incremental risks.
Sometime after I've completed these tasks, I'll post my findings and anyone can be free to read what I have found, connect the dots in their own critical way and react in any way they want.
I'm only talking about a trade with a stop loss at these levels. For some reason unknown to me there's no rush to sell here so maybe there is some pending revelations.
The increase in backlog over the past few weeks has been extreme though. Off the top of my head, they usually run a $30M or so backlog and they suddenly added over $30 M if you were to include even part of the last contract.
That is significant to say the least.